These assignments will help you to practice budgeting in a ‘real-life’ context.

There are three assignments, all based abound the financial problems facing three young people – Kelly, Raj and Jack. By completing these assignments you will:

Demonstrate your understanding of budgeting

Apply your knowledge to a range of practical financial problems

Discover how you can avoid similar problems yourself through good management of your own finances

We suggest you start with Kelly, this leads automatically on to Raj, and finally Jack. But if you would prefer to just look at individual assignments then choose them from this list:

• Kelly is in her second year of university and is finding it hard to make ends meet. See if you can help.
  
• Raj is in big trouble. He’s overspent, over-borrowed and his flashy car won’t start! What should he do?
  
• Jack is planning big changes in his life with a family and home, how can he plan his savings and expenditure to meet his needs?

If you need help with budgeting, before you start this work learn about basic budgeting principles.